Over the past year, the regulators have carried out the most radical shake-up in the stock market in history and hence in 2016, China's stock market will see a rather different development environment and changes in the rules of the game.

ANBOUND’s research team is of the view that although the main cause of China’s stock market crash was not the speculators, the anti-graft campaign and the cleaning up of the stock market has changed the rules of the game considerably and some part of the insider trading pattern has been disrupted.

Many big-time players have either been wiped out or changed to low-profile, the nation’s stock market will see a different game in 2016 and the stock market will be steadier compared to 2015.